Servicemen, Civilians to Get Equal Pay Raise

Servicemen, civilians to get equal pay raise

Finance Minister Muhammad Aurangzeb said on Monday that there was no proposal in the budget to increase salaries of the armed forces more than the civilian government employees and assured that the nation's defence needs would be fully met. In a media interaction after attending a seminar, the finance minister also said that India did not leave any stone unturned to derail Pakistan's $7 billion package but it could not succeed. "There is so far …

Finance Minister Denies Unequal Pay Raise for Armed Forces

ISLAMABAD: Finance Minister Muhammad Aurangzeb has firmly dismissed rumors of a disproportionate salary increase for armed forces personnel compared to civilian government employees in the upcoming federal budget. Speaking to the media after a recent seminar, Aurangzeb clarified that while a general salary raise of 6% to 10% is under consideration due to the current low inflation environment, “there is no such proposal” to offer a higher increme…

Govt Aims for ‘Strategic Budget’ to Reset Economy: Aurangzeb

Finance Minister Muhammad Aurangzeb revealed that the government is preparing a strategic budget for 2025–26 to shift Pakistan’s economic direction, not just balance numbers. Addressing an event in Islamabad, he emphasized bold measures to address long-term structural challenges. Focus on Economic Transformation Aurangzeb said the country’s economic “DNA” must change. The upcoming budget, he noted, will provide strategic direction to guide Pakis…

FinMin Aurangzeb promises tax relief for salaried class

F.P. Report ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb said on Monday that economic stability had been achieved in Pakistan, and the world was surprised by the pace of Pakistan’s economic improvement. He said Pakistan was moving towards macroeconomic stability and efforts were being made to reduce the burden on the salaried class. Speaking at a seminar in Islamabad, Aurangzeb said that the debt repayment burden is expected to decreas…

Govt dedicated to promoting innovative financial solutions, FM Finance - Global News Pakistan

Enhancing Sector capabilities for Impact Financing: A Joint Effort by MoF, Karandaaz and PBA Islamabad :  The Ministry of Finance (MoF), in collaboration with Karandaaz Pakistan and the Pakistan Banks Association (PBA), is hosting a two-day training workshop titled “From Value to Vision: Financing with Purpose from Pakistan’s Financial Sector” on May 26–27. The event has brought together senior representatives from Pakistan’s financial sector, i…

Aurangzeb Promises Bold Economic Reforms in Budget 2025-26 - Republic Policy

Finance Minister Muhammad Aurangzeb announced that the upcoming FY2025-26 budget, to be unveiled on June 10, will introduce “bold measures” focused on strategic economic direction, not just fiscal math. Speaking at an event in Islamabad, he stressed the need to break Pakistan’s cycle of short-term growth and long-term instability, highlighting the importance of structural reforms, including in taxation and state-owned enterprises (SOEs). Aurangz…